Minister terms post-Brexit trade deal as `damage control`

Minister for European Affairs and Ownership Steering Tytti Tuppurainen on Thursday welcomed the post-Brexit trade deal terming it as damage control`.

She also viewed that the Finnish parliament must approve the decision.

The European Union and Britain on Thursday reached a deal on their post-Brexit trade relations.

“The agreement is mutually beneficial and issues of crucial importance to the EU, such as level playing field, have been taken into account. Nevertheless, this is damage control, since the new relationship lacks the benefits of the single market. This was the will of the UK,” Tuppurainen wrote in her Twitter post.

She wrote that after long negotiations, the EU and the UK reached an agreement on the future partnership and congratulated the deal saying that this happened at the last minute, since the transition period ends at the end of this year.

“The EU Member States have been kept well informed but we will have to go through the text nationally. We will start analysing the agreement immediately. It requires the approval of both the Council and the European Parliament,” said the minister in her twitter post, adding that the Finnish Parliament must approve the decision.